Why Is DHC Acquisition (DHCA) Stock Down 24% Today?

DHC Acquisition (NASDAQ:DHCA) stock is falling hard on Monday as the special purpose acquisition company (SPAC) closes in on its merger with Brand Engagement Network. The big news here is that investors in DHCA stock voted in favor of the SPAC merger with Brand Engagement Network during an extraordinary general meeting last week. That news puts DHC Acquisition one step closer to completing its SPAC merger with Brand Engagement Network. This has the companies preparing a filing with the Securities and Exchan ...